Stratview Research has launched a new report on “Drug Screening Market” and forecast to 2026. This report provides deep insights into the revenue, market trends, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Drug Screening Market during the forecast period, i.e., 2021–2026.

Market Insights

The Drug Screening Market is estimated to grow from USD 4.4 billion in 2020 to USD 11.1 billion by 2026 at a healthy CAGR of 17% during the forecast period.

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This report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Drug Screening Market. Our expert analysts provide a wide-ranging analysis of the Drug Screening Market size, share, trends, gross revenue, and profit margin to precisely draw a forecast and provide expert insights to the shareholders to keep them updated with the trends in the market.

Major key players covered in this report:

This section of the Drug Screening Market report explains about the expansion plans, M&A, investment analysis, funding, revenues of manufacturers, etc. of the leading players. Here is a list of major key players of the industry.

  • Alere Inc. (The U.S),
  • Laboratory Corporation of America Holdings (The U.S),
  • OraSure Technologies (The U.S),
  • Quest Diagnostics (The U.S),
  • Thermo Fisher Scientific (The U.S),
  • Alfa Scientific Designs, Inc. (The U.S),
  • MPD Inc. (The U.S),
  • Lifeloc Technologies, Inc. (The U.S),
  • Omega Laboratories Inc. (The U.S),
  • Sciteck Diagnostics Inc (The U.S),
  • ACM GLOBAL LABORATORIES (The U.S), and
  • Carehealth America Corporation (The U.S).

Drug Screening Market SEGMENTATION

End User Trends

The workplace segment accounted for the largest market share in 2020.

Based on end user, the market has been divided into workplace, criminal justice systems and law enforcement agencies, drug treatment centers, pain management centers, drug testing laboratories and others. The segment growth can be attributed to rising safety concern for the staff.

Regional Trends

The market in North America accounted for the largest share in 2020 due to the high consumption of drugs and alcohol. Additionally, supporting government measures to curb the use of drugs is likely to add significantly to the market growth. The market in Europe accounted for the second-largest market share in 2020.

The research on the Drug Screening Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients comprehend their opponent’s methodologies. Comprehensive assessment of critical aspects such as factors affecting the market, and competitive geography are showcased with the help of reliable resources, such as charts, tables, and infographics.

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Stratview Research is one of the leading global Market Research agencies helping clients tract the ever-evolving market scenarios through our customised and syndicated reports. Our reports include both quantitative and qualitative market data, gathered with the help of our across-the-board and reliable secondary sources and our in-depth interviews with the key players within the market. Our market valuations, derived from primary and secondary research, keep our clients informed about major market trends, opportunities, and challenges that may help or hamper their growth prospects in the industry.